212 2nd StBoerneTX78006
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Boerne at 212 2nd St, Boerne, TX, 78006 offers $2,930/mo rent that, after a $2,906/mo payment. Total monthly income is $2,930/mo. Return on cash invested measures 12.12% in year one, and rental yield stands at 5.92% at a $593,700 entry. Equity gained on principal adds $3,831/yr while 5% annual appreciation compounds into $164,028 by year five. Five-year ROI records 62.27% and total cumulative return in cash reaches $121,634. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,930/mo property income versus a $2,906/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78006, Boerne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,615 (100%) |
| Owner Occupied HU | 14,264 (72.7%) |
| Renter Occupied HU | 3,658 (18.6%) |
| Vacant Housing Units | 1,693 ( 8.6%) |
| Median Home Value | $534,856 |
| Average Home Value | $663,428 |
Housing Distribution
Address Breakdown
Residential
18,722
Single Family
16,914
Multi-Family
1,808
Businesses
2,116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices